Volksbank Bielefeld-Gütersloh Nachhaltige Finanzen und Innovation

Volksbank Bielefeld-Gütersloh is committed to sustainable finance and innovation. They offer a range of sustainable financial products and services that cater to the needs of their customers and the environment.

Their focus on sustainability is evident in their investment strategies, which prioritize environmentally friendly projects and initiatives. This approach not only benefits the planet but also provides long-term financial returns.

By adopting innovative solutions, Volksbank Bielefeld-Gütersloh aims to stay ahead of the curve and meet the evolving needs of their customers. Their dedication to innovation is reflected in their digital banking services, which offer a seamless and secure online experience.

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The Volksbank Bielefeld-Gütersloh has a rich history that dates back to 1886, when the Gütersloh Spar- und Darlehenskassenverein eGmbH was founded.

In 1892, 77 cooperative members founded the Gütersloh Spar- und Leihbank e.G.m.b.H with 14,110 Mark start-up capital, which was a significant amount of money at the time.

The bank quickly grew, with 414 members in 1902 and 967 members by 1912. It's impressive to think about how quickly the bank expanded its membership.

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In 1910, the bank was renamed to Gütersloher Bank eGmbH, and by 1942, it was operating under the name Volksbank Gütersloh eGmbH.

In 1933, the bank merged with the Kattenstrother Spar- und Darlehenskassenverein, founded in 1899, to become the Gütersloher Spar- und Darlehenskasse eGmbH.

The bank continued to grow and evolve, merging with the Spar- und Darlehenskasse Avenwedde in 1988 and with the Volksbank Rheda-Wiedenbrück in 1999.

In 2004, the new headquarters of the Volksbank was built on a plot of almost 6,000 m opposite the Gütersloh main railway station.

The bank has also been involved in various community initiatives, such as the founding of the Volksbank Foundation in 2006, which promotes voluntary work by citizens in the business area of Volksbank Bielefeld-Gütersloh eG.

In 2011, the bank celebrated its 125th anniversary and opened the "Bankery", a unique combination of a branch, restaurant, and café/bar in central Gütersloh downtown.

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The Volksbank Bielefeld-Gütersloh eG has a solid organizational structure in place. The bank's most important organs are the Management Board, the Supervisory Board, and the Representatives' Meeting.

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The representatives are elected by the members, giving everyone a say in the bank's decision-making process. This ensures that the bank is run democratically and in the best interest of its members.

The bank has a long history, dating back to 1861, and has been serving the community for over 150 years. Today, it operates with 22 branches in the Bielefeld and Gütersloh areas, making it a significant player in the region.

Here are the key organs of the Volksbank Bielefeld-Gütersloh eG:

The organizational structure of a bank is crucial to its overall success. In the case of the Volksbank Bielefeld-Gütersloh eG, the key organs are the Management Board, the Supervisory Board, and the Representatives' Meeting.

These organs are responsible for making key decisions and overseeing the bank's operations. The Representatives' Meeting is particularly noteworthy, as its members are elected by the bank's members.

The Management Board is responsible for the day-to-day operations of the bank. The Supervisory Board, on the other hand, provides oversight and guidance to the Management Board.

Here are the key roles in the organizational structure of Volksbank Bielefeld-Gütersloh eG:

Volksbank Bielefeld-Gütersloh eG is part of the Einlagensicherungssystem in Germany, which means your deposits are protected up to 100,000 EUR.

This protection applies to all types of deposit accounts held by individuals and businesses. This provides a high level of security for your savings.

The Einlagensicherungssystem covers deposits up to the specified limit per bank and per depositor, giving you peace of mind when banking with Volksbank Bielefeld-Gütersloh eG.

As a member of this system, you can rest assured that your deposits are safe and secure.

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The Volksbank Bielefeld-Gütersloh is a strong member bank in the region, with a significant presence. It has a total of 113,596 members.

The bank's size is substantial, with a balance sheet total of 5.57 billion euros. This is a testament to its stability and reliability. It also manages a total wealth of 6 billion euros.

The bank's customer deposits are a notable aspect of its business, totaling 3.86 billion euros. Additionally, it has 1.49 billion euros in customer deposits and 3.92 billion euros in customer claims.

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The Volksbank Bielefeld-Gütersloh has a significant number of employees, with 706 staff members, including 42 apprentices. It has a network of 19 competence centers and business locations, as well as a bankery. The bank also operates 32 SB locations.

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The Volksbank Bielefeld-Gütersloh NachhaltigkeitsInvest Fonds has a clear investment policy.

Its goal is to earn market-based returns while also achieving long-term capital growth.

The fund is a mixed special fund that primarily invests in securities.

It must invest at least 51% of its assets in securities that align with sustainability or the sustainable development principle.

This principle, as defined by the Brundtland Report of 1987, means meeting the needs of the current generation without compromising the ability of future generations to meet their own needs.

The Volksbank Bielefeld-Gütersloh NachhaltigkeitsInvest Fonds falls under the "Mixed" category.

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The Volksbank Bielefeld-Gütersloh NachhaltigkeitsInvest Fonds is a type of investment fund that's part of the bank's commitment to sustainability.

Its primary goal is to achieve long-term capital growth while earning market-based returns.

The fund invests mainly in securities, with at least 51% of its investments being in securities that support sustainable development and align with the bank's values.

This approach is in line with the Brundtland Report, which defines sustainable development as meeting the needs of the present without compromising the ability of future generations to meet their own needs.

The fund's investment policy is designed to ensure that it remains aligned with these principles, even as the market evolves.

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Volksbank Bielefeld-Gütersloh eG offers a range of products and services, but let's take a closer look at their deposit options.

They have 16 different types of fixed deposit accounts available in EUR.

Volksbank Bielefeld-Gütersloh eG also offers 3 types of fixed-term deposits in EUR, with interest rates ranging from 1.52% to 0.9% APY.

The 3-month fixed deposit account offers a competitive interest rate of 1.52%.

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For a longer-term commitment, the 12-month fixed deposit account is available with an interest rate of 1.2%.

If you're willing to lock your money away for 24 or 36 months, you can earn an interest rate of 0.9% APY.

Unfortunately, they do not offer any Sparkonten (savings accounts) in EUR.

Volksbank Bielefeld-Gütersloh experienced significant business growth in the past year, with notable increases in both credit business and customer deposits.

The bank's strong performance in the credit business and customer deposits in a year filled with challenges highlights the trust customers have in the bank's team and the resilience of the region's businesses.

The bank's firm customer loans saw a two-digit growth, with entrepreneurs receiving financial support of 771 million euros, a 11.3% increase from the previous year.

Corona-related financial assistance was also provided, totaling 11 million euros, a significant decrease from the 21.8 million euros offered the previous year.

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In total, the bank supported businesses in the region with 728.1 million euros, demonstrating its commitment to helping entrepreneurs navigate a challenging economic environment.

The bank's ability to support businesses in such a difficult year is a testament to the region's economic strength and the bank's role in fostering growth and development.

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Volksbank Bielefeld-Gütersloh has been a driving force in innovation and partnerships in the region.

By collaborating with local businesses and organizations, they have been able to develop new financial solutions that meet the unique needs of their customers.

Their commitment to innovation has led to the creation of various digital services and tools that improve customer experience and efficiency.

One notable example is their partnership with a local fintech company to develop a mobile banking app that allows customers to manage their accounts on the go.

This partnership has not only improved the bank's services but also contributed to the growth of the local fintech industry.

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The Volksbank Bielefeld-Gütersloh has been actively supporting and expanding its services by partnering with innovative startups. One such startup is OWL KapitalPartner, which offers individual and future-oriented financial products to support and prepare east-westphalian companies for the future.

In the first nine months, OWL KapitalPartner has shown positive development, with a good response from companies in the region. This is a testament to the bank's efforts to innovate and adapt to changing market needs.

Another startup, Fynn Acadamy, faced initial challenges but has since found its footing. This digital financial education portal offers e-learning courses in areas such as real estate, investments, and financing, and collaborates with other credit institutions.

However, the rapid and significant interest rate increase led to a decrease in demand for e-learning courses in the real estate segment. Despite this setback, the team behind Fynn Acadamy remains committed to their innovation and is now exploring new areas of focus.

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Creditshelf and Vereinbaren have joined forces to revolutionize the way small and medium-sized enterprises access finance.

This strategic partnership allows Creditshelf to expand its offerings and provide more tailored solutions to its clients.

Creditshelf's innovative approach to financing has disrupted traditional lending methods, making it easier and more efficient for businesses to obtain the funds they need.

Through this cooperation, Vereinbaren brings its expertise in risk assessment and management to the table, further enhancing the partnership's capabilities.

By combining their strengths, Creditshelf and Vereinbaren aim to create a more seamless and secure lending experience for their clients, reducing the barriers to entry for businesses seeking finance.

This collaboration is a significant step towards democratizing access to capital and promoting economic growth.

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The Volksbank Bielefeld-Gütersloh has been optimizing its security concept, particularly for ATMs, to adapt to changing challenges. They've closed all foyers and self-service branches from 23:00 to 05:00 to ensure customer and employee safety.

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To enhance security, they're continuously improving and expanding measures like surveillance and reporting systems, gas-safe systems, and steel construction designs. This will provide comprehensive protection for their facilities and those who use them.

The bank is also adjusting to the trend of digital and mobile banking solutions, expecting the number of ATMs to decrease as cashless payments become more popular.

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The Volksbank-Bielefeld Gütersloh has revamped its security concept, specifically optimizing the cash machine area to meet new challenges. They've adjusted their security measures to ensure customer, resident, and employee safety.

Their cash machine availability is restricted from 23:00 to 5:00 am, with all foyers and self-service branches closed during this time. They're committed to providing cash services in the region and continuously improving their prevention measures, such as surveillance and reporting systems, gas-safe systems, and steel door constructions.

The bank is adapting to the increasing trend of digital and mobile banking solutions, with cashless payments becoming more popular. As a result, they expect the number of cash machines to decrease in the coming years.

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As we look to 2023, it's clear that the economy will be a key area of focus. The Volksbank Bielefeld-Gütersloh expects the first half of the year to be marked by a slowdown in the world economy.

The World Bank predicts a growth rate of 1.7 percent for this year. This is a positive sign, but it's essential to keep in mind that the inflation rate in Germany is still high and will likely remain so for a while.

The European Central Bank (EZB) will continue to counteract this trend by implementing higher interest rates. Higher interest rates are necessary, but they won't necessarily boost economic growth.

In our region, companies are facing significant challenges, including personnel shortages, rising labor and energy costs, and supply chain issues. Despite these obstacles, the Volksbank Bielefeld-Gütersloh is committed to remaining the first choice for people and businesses in the region.

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